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Is ARGONAUT GOLD INC ORDINARY SHARES CANAD (OTCMKTS:ARNGF) a Buy? The Stock Reported more Sellers

The stock of ARGONAUT GOLD INC ORDINARY SHARES CANAD (OTCMKTS:ARNGF) registered an increase of 95.74% in short interest. ARNGF’s total short interest was 91,800 shares in November as published by FINRA. Its up 95.74% from 46,900 shares, reported previously. With 33,200 shares average volume, it will take short sellers 3 days to cover their ARNGF’s short positions.

It closed at $1.01 lastly. It is up 0.00% since November 10, 2017 and is . It has underperformed by 15.62% the S&P500.

Argonaut Gold Inc., a mining company, engages in the exploration, development, and production of gold and silver in North America. The company has market cap of $176.49 million. The companyÂ’s principal assets include the El Castillo mine located in the State of Durango, Mexico; the La Colorada mine situated in the State of Sonora, Mexico; the San Antonio gold project located in the State of Baja California Sur, Mexico; the San Agustin project situated in the State of Durango, Mexico; and the Magino gold project located in the province of Ontario, Canada. It has a 9.9 P/E ratio.

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